Section 40: Compliance with the Co-operatives Act, the Financial

Co-operatives Act · PART XIII: ANTI-MONEY LAUNDERING, COMBATTING THE FINANCING OF

This section is inserted by Act No 3 of 2026, section 5.

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

40. Compliance with the Co-operatives Act, the Financial Intelligence and Anti-Money Laundering Act, the United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act, and any regulations made or guidelines issued under those Acts Acts 2026 49

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Questions this section answers

Does a co-operative society have to follow the Financial Intelligence and Anti-Money Laundering Act and UN sanctions rules too?